APOLLOHOSP trade ideas
apollohosp 1674.60#RasmeetTradingDesk#3BarDecider apollohosp 1674.60#RasmeetTradingDesk#3BarDecider charts speak
Positional Trade Set Up in Apollo Hospitals Apollo Hospitals gave breakout and closed above the resistance zone now it is expected to give movement towards 1536-1614 & 1712 levels. Support Zone is 1400 levels.
This Chart is Only for Educational Purpose
Long Apollo HospitalsIt is in a strong uptrend and is taking support at the 50 EMA .
Today it has broken the short term downward trendline. Nice opportunity to buy now
Apollo Hospitals to fall soon.There has been a channel breakout but RSI is at its full capacity. That won't help in pushing the stock further, rather hurting the momentum of the stock by consolidation or a fall.
A good opportunity to short the stock.
APOLLO Hospital ( Positional Trade )Apollo hospital chart structure looking very strong.
trading above both 21 & 50 ema
if sustain above 1631-32 , good upmove can be seen.
DISCLAIMER
{ Educational Purpose }
All investments involve risk.
Please Do your analysis before initiating any trade
GOOD LUCK !
symmetrical triangle in apollo hospitallong if it breaks on upper side
short if it breaks on lower side
At resistanceGo long only if breaks 1550 resistance for at least 100 points or depending upon your risk level. . .
Apollo Hospitals Trade Setup for Tuesday 28th July 2020Apollo is strong on buying side and taking good support from the trend line. Look for the buying opportunity near the trend line of above the Orange trend line. 1st Target is 1st Blue line, 2nd target is 2nd blue line and 3rd target is long up to the channel above.
Note : All charts are educational purpose only. Please do your analysis before going into trade.
Apollo Hospital looking good buy for short to mediam termApollo hospital after consolidation and range bound movement finally showing sign of upward movement.According to chart ApolloHospital can show some good upmovement,so buy it for short to medium term for good gain with sl below 1430 and target 1590/1630/1780 .This is only for educational purpose.
Apollo Hospitals - Elliott Long - PositionalApollo Hospitals seems bullish along with other hospital/pharma labs companies
Reasons for long:
1) Long as per Elliott Wave 5th wave, in uptrend with a strong movement today
2) Above Fibonacci resistance, can continue up-move
3) Pharma/Hospitals are in overall up trend
4) Buy above
4) Targets essentially: Target 1: 1,535; Target 2: 1,550: Target 3: 1,584. SL: 1,519 (small one, SL has to be as per one's appetite and on technical analysis basis)
Hope you are all enjoying the EW analysis.
#Disclaimer: This is for educational purposes only. Trade at your own risk. Stop loss is essential. Trail diligently
Breakout Setup - Wait for the price actionPrice action and the setup clearly indicates for a breakout confirmed by good volumes and RSI in momentum.
Stock has just come out of its accumulation range for which a good upside potential could be seen in few upcoming sessions.
A good OI build-up was seen in today's session which has a good potential to break this level.
But before that it should clearly break and sustain over its key level: 1545-50. Otherwise it could act as a good resistance since bears are eagerly waiting to short at this levels.
Wait for the right price action before entering long.
Disclaimer: Take this view only for educational purpose. Trade on your own risk.
Happy trading!
Apollo Hospitals - LongBroke the crucial resistance and also re-tested on that line giving a good breakout. Hope it will continue to be bullish
APOLLOHOSP - LONG Given today's candle and positive price action, this can continue upwards and we could capture good points.
Apollo Hospital : C Wave Trade: Covered in Premium AnalysisC wave trade set ups are very lucrative guys. This was covered in my premium analysis around 1441 and today its almost 100 bucks up. C wave trades are lucrative because often they may turn out to be Wave 3
Apollo HospitalSince 15th April Apollo Hosp was trying to break this range and finally was able to break yesterday.
The entry was supposed to trigger today on break of 1507, but it couldn't sustain that level.
Tomorrow if apollo sustains above 1507, buy with SL at 1440, there are multiple resistances at 1544,1580,1616. These can be considered as targets.
Also BAMM got activated which will pull the price up.
Final target is 1726 where the harmonic reversal gets activated.
LONG SET -
Long above 1507
SL 1438
T 1544, 1580,1616,1720
Harmonic SHORT SET -
Short in range 1726 - 1745
SL 1814
T 1650,1520
Disclaimer: I am not a SEBI Registered Analyst. This is for educational purpose. Please take position after consulting your advisor.
Apollo Hospital can look for 1530 & 1560 Can Enter anywhere near 1450 - 1470 Levels Can look for 1530 Levels Comment your Views
